Edison, NJ -- (SBWIRE) -- 06/17/2021 -- HTF Market Intelligence released a new research report of 54 pages on title 'Credit Cards in the United States of America (USA) - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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Summary
Credit Cards in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The credit cards profile covers the consumer credit cards market.
- The US credit cards sector had total balances outstanding of $884.6bn in 2020, representing a compound annual growth rate (CAGR) of 3.2% between 2016 and 2020.
- Sector consumption volume increased with a CAGR of 7.1% between 2016 and 2020, to reach a total of 42.8 billion number of credit card transactions in 2020.
- Value-added services such as reward points, discounts, cashback, and other benefits associated with these cards have been driving usage in the US.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the credit cards market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in the United States
- Leading company profiles reveal details of key credit cards market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States credit cards market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United States credit cards market by value in 2020?
- What will be the size of the United States credit cards market in 2025?
- What factors are affecting the strength of competition in the United States credit cards market?
- How has the market performed over the last five years?
- How large is the United States's credit cards market in relation to its regional counterparts?
Companies Mentioned in the Report
JPMorgan Chase & Co.
Bank of America Corp
Discover Financial Services
Citibank NA
American Express Co
Capital One Bank, (USA), National Association
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
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